Points and Miles Valuations
Understanding Point Values
These valuations represent baseline values you should expect when redeeming points or miles. Actual value can vary based on how you redeem your rewards. Premium travel redemptions often yield higher values, while merchandise redemptions typically offer lower value.
Maximizing Your Rewards
- Transfer points to airline and hotel partners when possible
- Look for special redemption promotions
- Avoid low-value redemptions like merchandise or gift cards
- Consider premium cabin travel for maximum value
- Stack rewards with portal bonuses and special offers
Note: Valuations are updated monthly and are based on real-world redemption data, transfer ratios, and market analysis. These values should be used as general guidelines rather than absolute rules.
| Program Name | WalletHub | NerdWallet | Points Guy | Bankrate | Credit Karma | Average Value |
|---|---|---|---|---|---|---|
| Air Canada Aeroplan | – | – | 1.50¢ | 1.60¢ | 1.08¢ | 1.39¢ |
| Air France/KLM Flying Blue | – | 1.20¢ | 1.40¢ | 1.30¢ | – | 1.30¢ |
| Alaska Mileage Plan | 1.42¢ | 1.40¢ | 1.80¢ | 1.10¢ | 1.72¢ | 1.49¢ |
| American AAdvantage | 1.37¢ | 1.60¢ | 1.70¢ | 1.40¢ | 2.03¢ | 1.62¢ |
| American Express Membership Rewards | 1.48¢ | 2.00¢ | 2.20¢ | 2.00¢ | 2.12¢ | 1.96¢ |
| Avios | – | 1.50¢ | 1.50¢ | 1.30¢ | 2.12¢ | 1.60¢ |
| Bank of America points | 0.85¢ | 1.00¢ | – | 1.00¢ | – | 0.95¢ |
| Barclaycard Rewards | – | 1.00¢ | – | – | – | 1.00¢ |
| Best Western Rewards | 0.66¢ | 0.60¢ | 0.60¢ | 0.60¢ | – | 0.61¢ |
| Bilt Rewards | – | 2.00¢ | 2.05¢ | 2.10¢ | 2.13¢ | 2.07¢ |
| Capital One Miles | 1.22¢ | 1.80¢ | 1.85¢ | 1.70¢ | 2.12¢ | 1.74¢ |
| Cash | 1.00¢ | 1.00¢ | 1.00¢ | 1.00¢ | 1.00¢ | 1.00¢ |
| Chase Ultimate Rewards | 1.45¢ | 2.20¢ | 2.05¢ | 2.00¢ | 2.15¢ | 1.97¢ |
| Choice Privileges Points | 0.99¢ | 0.80¢ | 0.60¢ | 0.99¢ | – | 0.84¢ |
| Citi ThankYou Rewards | 1.45¢ | 1.80¢ | 1.80¢ | 1.60¢ | 1.72¢ | 1.67¢ |
| Delta SkyMiles | 1.31¢ | 1.20¢ | 1.40¢ | 1.30¢ | 1.61¢ | 1.36¢ |
| Emirates Skywards | – | – | 1.20¢ | 1.20¢ | 1.18¢ | 1.19¢ |
| Frontier Miles | – | 1.50¢ | 1.10¢ | 1.30¢ | – | 1.30¢ |
| HawaiianMiles | 1.20¢ | 1.00¢ | 1.20¢ | 0.80¢ | 1.34¢ | 1.11¢ |
| Hilton Honors | 0.64¢ | 0.60¢ | 0.60¢ | 0.60¢ | 0.65¢ | 0.62¢ |
| IHG One Rewards | 0.77¢ | 0.70¢ | 0.60¢ | 0.70¢ | 0.68¢ | 0.69¢ |
| JetBlue TrueBlue Rewards Program | 1.45¢ | 1.50¢ | 1.35¢ | 1.40¢ | 1.47¢ | 1.43¢ |
| Korean Air SKYPASS | – | – | 1.70¢ | – | – | 1.70¢ |
| Marriott Bonvoy | 0.88¢ | 0.90¢ | 0.85¢ | 0.90¢ | 0.91¢ | 0.89¢ |
| PenFed Points | 0.88¢ | – | – | – | – | 0.88¢ |
| Radisson Rewards | 0.61¢ | 0.80¢ | – | 0.40¢ | – | 0.60¢ |
| Singapore Airlines KrisFlyer | – | – | 1.30¢ | 1.60¢ | – | 1.45¢ |
| Southwest Rapid Rewards | 1.47¢ | 1.50¢ | 1.35¢ | 1.50¢ | 1.46¢ | 1.46¢ |
| Spirit Airlines Free Spirit | 1.12¢ | 1.30¢ | 1.10¢ | 1.00¢ | – | 1.13¢ |
| Turkish Airlines Miles&Smiles | – | – | 1.20¢ | 1.00¢ | – | 1.10¢ |
| United MileagePlus | 1.16¢ | 1.20¢ | 1.40¢ | 1.10¢ | 2.13¢ | 1.40¢ |
| Virgin Atlantic FlyingClub | – | 1.80¢ | 1.50¢ | 2.60¢ | – | 1.97¢ |
| Wells Fargo Rewards | 1.00¢ | 1.50¢ | 1.60¢ | 1.00¢ | 0.94¢ | 1.21¢ |
| World of Hyatt Loyalty Program | 2.45¢ | 2.20¢ | 1.70¢ | 2.30¢ | 1.53¢ | 2.04¢ |
| Wyndham Rewards | 0.92¢ | 1.20¢ | 1.10¢ | 0.90¢ | 0.77¢ | 0.98¢ |